News Centre

Slack And The Labour Market - Speech By Martin Weale, External Member Of The Monetary Policy Committee, Bank )f England

Date 20/03/2014

Speaking to the Thames Valley Chamber of Commerce, Martin Weale sets out some new analysis of slack in the labour market.

Canadian Securities Regulators Seek Comment On Proposed Changes To OM Exemption And Two New Proposed Reports Of Exempt Distribution

Date 20/03/2014

The Alberta Securities Commission (ASC), the Autorité des marchés financiers (AMF), the Financial and Consumer Affairs Authority of Saskatchewan (FCAA) and the Financial and Consumer Services Commission New Brunswick (FCNB) (Participating Jurisdictions) have published for comment proposed amendments to National Instrument 45-106 Prospectus and Registration Exemptions (NI 45-106) relating to the offering memorandum exemption (OM Exemption). The ASC, FCAA and FCNB have also published two new proposed reports of exempt distribution (Exempt Distribution Reports). 

Amnon Neubach – TASE Chairman Of The Board Of Directors

Date 20/03/2014

The Tel Aviv Stock Exchange (TASE) Board of Directors today (20/3/2014) approved unanimously the search committee’s recommendation to appoint Mr. Amnon Neubach as TASE’s new chairman of the board.

Comment From Trad-X On Divergence Of SEF Rules Amongst Global Regulatory Authorities

Date 20/03/2014

Daniel Marcus, CEO, Trad-X, comments:

"The final piece of an increasingly complex puzzle is the global coordination of regulatory reform. This divergence in global regulation previously resulted in unintended consequences such as fragmentation of liquidity. The interim substituted compliance relief period – in line with the Path Forward – has allowed for some of these issues to be mitigated, but there are still several questions about how the 24 March deadline, should it remain unchanged, will impact on liquidity and spreads."

EC Response To ESMA On Classification Of Financial Instruments

Date 20/03/2014

ESMA has published the response received from Commissioner Michel Barnier in response to its letter of 14 February regarding the classificiation of financial instruments as derivatives.

Securities And Exchange Board Of India Bars Financial Technologies From Owning Stake In Stock Exchanges

Date 20/03/2014

The Securities and Exchange Board Of India has ordered Financial Technogies India to sell its stakes in four Indian exchanges.

ESMA Launches Discussion Paper On Central Securities Depositories Regulation

Date 20/03/2014

ESMA is calling for public feedback on possible content to draft technical standards on matters such as settlement discipline, CSD registration and requirements, including confirmation rules (acceptance or rejection of terms in good time before the intended settlement date) for trading venues and investment firms, as well as access to CSDs by other CSDs, participants and other market infrastructures.

Canadian Securities Regulators Propose New Crowdfunding Exemptions

Date 20/03/2014

The Autorité des marchés financiers (AMF), the Financial and Consumer Affairs Authority of Saskatchewan (FCAA), Financial and Consumer Service Commission of New Brunswick (FCNB), the Manitoba Securities Commission (MSC) and the Nova Scotia Securities Commission (NSSC) today published for comment the Integrated Crowdfunding Prospectus Exemption (the Crowdfunding Exemption) and the Start-Up Crowdfunding Prospectus and Registration Exemption (the Start-Up Exemption). The proposed exemptions would, subject to certain conditions, allow both reporting and non-reporting issuers to raise money by distributing securities through internet portals. 

Standard Life Investments On Energy Markets - Power To The People

Date 20/03/2014

Standard Life Investments, the global investment manager, believes that substantial changes to energy markets in recent years could significantly influence the development and shape of the global economy. Regional energy markets continue to be more important than international ones, so the optimal energy mix will still vary from country to country.

CFTC Charges Dallas-based Steven Lyn Scott With Solicitation Fraud, Misappropriation, And Registration Violations In Connection With A Forex Commodity Pool Scheme

Date 20/03/2014

The U.S. Commodity Futures Trading Commission (CFTC) filed an enforcement action March 19, 2014 against Defendant Steven Lyn Scott (a/k/a Stevon Lyn Scott) of Dallas, Texas, charging him with solicitation fraud, misappropriation of customer funds, and registration violations in connection with operating a fraudulent commodity pool scheme.